Huddly AS – Share capital increase registered

Oslo, 20 December 2024: Reference is made to the stock exchange announcement published by Huddly AS (the "Company") on 19 December 2024 regarding the minutes from the extraordinary general meeting of the Company held on the same date.

The issuance of 1,300,000,000 new shares has been registered with the Norwegian Register of Business Enterprises. The Company's new share capital is NOK 1,147,705.03, divided into 1,836,328,048 shares, each with a nominal value of NOK 0.000625 and carrying one voting right.

The new shares will be tradeable as of today. The settlement of the new shares will, as previously communicated, occur on 27 December 2024.

This information is subject to the disclosure requirements pursuant to section 3.15.5 of Euronext Growth Oslo Rule Book – Part II and section 5-12 of the Norwegian Securities Trading Act.

For more information, please contact:

Jostein Devold, chair of the board, +47 90 88 00 49, jd@mertoun.no

Abhijit Saha Banik, CFO, +47 40 83 09 64, abi.banik@huddly.com

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About Huddly AS

Disruptive innovation is our heartbeat at Huddly. We're committed to pushing technology and challenging the status quo in order to empower human collaboration. Combining our industry-leading expertise in artificial intelligence, software, hardware, and UX, we craft intelligent camera systems that enable inclusive and productive teamwork. Huddly cameras are designed to provide high-quality, AI-powered video meetings on major platforms, including Microsoft Teams, Zoom, and Google Meet. With upgradable software, durable hardware, and engaging user experiences, they are the ideal choice for organizations seeking a future-proof, scalable, and sustainable solution. Founded in 2013, Huddly is headquartered in Oslo, Norway, with presence in the US and EMEA and distribution globally.